Filed July 16, 2020 (most recent of 8 filings on file)
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
Filed as: BENEFIT PLANS ADMIN SERVICES, INC Service code 15 · EIN 16-1503696 6 RHOADS DRIVE · UTICA, NY 135026374 | Recordkeeping | $492,660 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $156,364 | $38,833+302.7% | $78,778+98.5% | $77,958+100.6% |
| Participation rate | 64.4% | 60.9%+3.5pp | 69.2%-4.8pp | 71.6%-7.2pp |
| Annual return | 18.78% | 20.31%-1.5pp | 35.62%-16.8pp | 20.87%-2.1pp |
| Employer contribution / active EE | $3,124 | $840+272.2% | $1,986+57.3% | $2,310+35.2% |
| Participant deferral / active EE | $2,560 | $1,776+44.2% | $2,958-13.5% | $3,537-27.6% |
| Admin fee / account holder | $169 | $89+89.8% | $5,134-96.7% | $97+73.5% |